Cimpress (CMPR) Stock Forecast & Price Target

Cimpress PLC demonstrated robust performance in its Vista segment, with a year-over-year revenue increase of 3% on an organic constant-currency basis for Q2/25, bolstered by strong bookings growth across various product categories. Advertising expenditures rose by 8% year-over-year to $86.3 million, constituting 17.3% of total revenues, which highlights the company's commitment to enhancing customer engagement and driving future sales. Additionally, the company's other segments, including promotional products and apparel, showed strong growth rates in the high single digits to the high teens, indicating a positive trajectory for overall revenue, which Cimpress anticipates will grow by at least 3% on a reported basis for FY/25.

Cimpress PLC reported a disappointing Q2/25, with adjusted EBITDA declining 20.5% year-over-year to $132.3 million, significantly missing both internal estimates and consensus expectations. The company anticipates a net leverage ratio of 3.0x for FY25, suggesting increased financial strain compared to its previous guidance of 2.75x, alongside a weaker outlook on free cash flow conversion, currently projected at 36%, below management's target. Additionally, total revenues for F2Q25 reached $939 million, reflecting only 2% growth year-over-year and falling short of consensus expectations, driven by declines in the business card segment and challenges in seasonal consumer product sales.